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17 December 2024 | 14 replies
I’m particularly curious about:Financing Options: What types of loans or funding sources work best when scaling quickly?
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2 January 2025 | 1 reply
A quick google search of your state indicates the following regaridng timeline to give notice:30 daysFor tenants who have lived in the property for less than one year, or have a lease for less than one year60 daysFor tenants who have lived in the property for more than one year but less than two years, or have a lease for more than one year but less than two years90 daysFor tenants who have lived in the property for more than two years, or have a lease for at least two yearsI'd definitely touch base with an eviction attorney in your state to ensure you are not missing any steps and to have the attorney as a backup option in case the tenant does not vacate easily.
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9 January 2025 | 13 replies
If you are using a third-party site to conduct the background checks, sometimes they have the option to send a person, a denial letter, and due to the fair credit act it may be required to send them a notice, informing them that you checked their credit and background so that they have a receipt that it was completed.
31 December 2024 | 8 replies
Another option is to invest in the market instead of paying down a mortgage.
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31 December 2024 | 2 replies
Or perhaps I am not considering other options, so I am seeking help from this wonderful community.
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6 January 2025 | 7 replies
Lesson learned: Always think of a Plan B in case renting isn’t an option anymore.
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27 January 2025 | 56 replies
Lots of options as far as raising nightly rates as other STRs shut down, converting to MTR or LTR or doing an exchange to another state.
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26 December 2024 | 2 replies
Simple:JV if its one other partner, a fund is if you have multiple funding sources.
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9 January 2025 | 32 replies
There’d need to be a lot of rehab work/managing that would require you to put in that many hours.From a financial perspective, it seems like the highest leverage way to keep buying more properties is leveraging your W-2’s and then being work optional.
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9 January 2025 | 5 replies
So my understanding is it's still one of my best options for a loan.